Nakuru Nakuru ( Rift Valley, KE - 3524)

KES6,100,000 KES

Nairobi Real Estates Limited

Nairobi Real Estates Limited Nairobi Real Estates Limited 0715212800 (Office) Request More Info

  • Type: Lots and Land
  • Style: Lot / Land
  • Lot Type: Rectangular
  • Lot Size: 2 acres

Description

2 Acres Agricultural Land for Sale in Kenya in Nakuru County Maili 7


This Nakuru property for sale in Kenya is about 300 metres from the Main Tarmac road and good for farming or operating a Quarry. The land has good depth of top soil and is currently being farmed.

This land is a good investment for income generation as one can operate it as a quarry, a farmland or sell plots after sub-division. plots in this are in demand for residential purposes.

For example, one can opt to operate as below:

1. Farm on the land for some years until one has capacity to operate a quarry

2. Operate a quarry for some months or some years

3. Backfill the Quarry and sell the land as plots .. Plots close to the road will go at the average rate of Kes 500 - 600 for 1/8 acre and 1.2 - 1.3m for 1/4 Acres. At the end of the quarring period, it is expected these prices would be in the range of 900k and this property can generate a return on investment in excess of 200% in about 3 years.


- Title is free hold


A profitable Real Estate investment opportunity in Kenya Nakuru County by Nairobi Real Estates

Attachments

P2#165146053
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Information is deemed to be correct but not guaranteed.